In the News

For the first time, business owners can receive financial assistance to explore creating an employee stock ownership plan.

NJBIZ reports on a new partnership between the NJ/NY Center for Employee Ownership and the New Jersey Economic Development Authority (NJEDA).

ROI-NJ reports the NJEDA is giving $2 million to the NJ/NY Center for Employee Ownership to educate business owners about the benefits of selling to their employees.

The programming will be led by SMLR’s Institute for the Study of Employee Ownership and Profit Sharing and its New Jersey/New York Center for Employee Ownership.

Patch covers the partnership between the NJEDA and the NJ/NY Center for Employee Ownership, which is focused on growing the number of ESOPs in New Jersey.

Nonprofit Quarterly writes about the new NJ/NY Center for Employee Ownership program that helps business owners of color convert to an ESOP or worker co-op.

SMLR’s NJ/NY Center for Employee Ownership introduces a free online program to help retiring entrepreneurs sell the business to their workers.

Salisbury Business Journal reports Frank Shipper, a research fellow in the Institute for the Study of Employee Ownership and Profit Sharing, served on a panel at the Beyster Symposium. The discussion focused on a paper by Bill Castellano of the NJ/NY Center for Employee Ownership.

The nationwide initiative advances succession strategies to keep businesses running and save jobs.

NJBIZ reports the NJ/NY Center for Employee Ownership will be walking business owners through the process of becoming an ESOP or worker co-op, quoting Bill Castellano and Jim Terez.